merrill edge
World Forex Review
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Overview
merrill edge was founded in 2010 and is headquartered in USA, while World Forex Review was established in 2008 and is based in Vanuatu. merrill edge holds licences including Financial Conduct Authority (FCA), while World Forex Review is regulated by Vanuatu Financial Services Commission (VFSC) among others. merrill edge serves 10,000+ clients worldwide; World Forex Review has 10,000+. The minimum deposit is $250 at merrill edge and $100 at World Forex Review.
| Feature | merrill edge | World Forex Review |
|---|---|---|
| Min. Deposit | $250 | $100 |
| Regulation | Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F277 | Vanuatu Financial Services Commission (VFSC) |
| Founded | 2010 | 2008 |
| Country | USA | Vanuatu |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between merrill edge and World Forex Review, directly affecting your bottom line as a trader. World Forex Review has a lower barrier to entry with a minimum deposit of $100 (vs $250 at merrill edge). World Forex Review charges withdrawal fees while merrill edge does not, giving merrill edge an edge for frequent withdrawers. World Forex Review charges deposit fees; merrill edge does not. Overall, World Forex Review scores higher on fees in our assessment.
| Feature | merrill edge | World Forex Review |
|---|---|---|
| Min. Deposit | $250 | $100 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | No | No |
| Deposit Fees | No | Yes |
| CFD Fees | No | Yes |
Platforms
merrill edge offers MT5, cTrader, while World Forex Review supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. merrill edge supports social and copy trading features, which World Forex Review does not offer. World Forex Review edges ahead on platform breadth and functionality in our scoring.
| Feature | merrill edge | World Forex Review |
|---|---|---|
| MT4 | No | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps | Android Apps,iPhone/iPad,Desktop |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how merrill edge and World Forex Review compare. World Forex Review runs regular live webinars; merrill edge does not. Both provide video tutorials. World Forex Review publishes daily market commentary; merrill edge does not. Both integrate third-party research tools. World Forex Review maintains an archive of past webinars for on-demand viewing. World Forex Review scores higher overall in education and research.
| Feature | merrill edge | World Forex Review |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | No | Yes |
| Weekly Webinars | No | Yes |
| Daily Commentary | No | Yes |
| Trading Central | No | Yes |
| Autochartist | Yes | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. merrill edge accepts 5 of the tracked payment methods (bank transfer, credit/debit card, PayPal, Skrill, Neteller), while World Forex Review supports 2 (bank transfer, credit/debit card). merrill edge uniquely supports PayPal and Skrill and Neteller among the two brokers. merrill edge scores higher on deposit and withdrawal flexibility.
| Feature | merrill edge | World Forex Review |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | Yes | No |
| Skrill | Yes | No |
| Neteller | Yes | No |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both merrill edge and World Forex Review offer live chat support. Both provide phone support. Email support is available at both brokers. merrill edge supports 8 languages and World Forex Review supports 2, giving merrill edge broader global reach. Both brokers are comparable on support quality.
| Feature | merrill edge | World Forex Review |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic | English, and Chinese |